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Couple of considerations.
* Student loan rates have dropped year after year. If you consolidate, you no longer get advantage of the drops in rate.
* Most consolidation loans are NOT for a lower interest rate. They are usually at the amortized rate of all the individual loans, rounded UP to the nearest 1/8th of a percent.
* Best companies are ones like Sallie Mae, which actually buy your individual loans and issue you another one, as opposed to ones that just make payments for you.
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"It's a long story," says I, and let him up.
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